News Topic: Community banking

Beacon Community Bank, which opened in January, raised $34 million through a private placement. ... Read full article

State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike. ... Read full article

The Houston company had been an interested, but selective, acquirer before announcing this year's biggest bank deal. ... Read full article

The investment bank agreed to buy Business Bancshares in St. Louis. ... Read full article

Capitol Federal Financial has mostly relied on mortgages throughout its history. Its acquisition of a commercial lender will change that. ... Read full article

With the regulatory relief bill set to become law soon, some congressional Republicans are already calling for additional rollbacks to the Dodd-Frank Act. There’s one thing they should keep in mind: Community banks had a hand in the crisis too. ... Read full article

Mutual of Omaha Bank's purchase of Synergy One Lending will add reverse mortgages to its product line. ... Read full article

Rebeca Romero Rainey, who has been on the job for less than a week, has already slammed postal banking and pressed for more regulatory relief. In a Q&A, she discusses her plans to foster innovation, tackle succession issues and encourage more banks to ... Read full article

After a long battle with the Justice Department over redlining charges, KleinBank caved as legal costs soared. ... Read full article

The California company ended up selling 1 million more shares than it had originally planned to offer. ... Read full article

The House affirmed this week that it would move forward with a vote on a Senate bill overhauling parts of Dodd-Frank, but how far lawmakers push additional relief proposals is still unclear. ... Read full article

A group, led by former community bank CEO Dave Mallett, is planning Ohio State Bank in Columbus. ... Read full article

A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%. ... Read full article

Subordinated debt issuance, which took a back seat as bank stocks surged, could regain popularity as growth-minded banks become leery of market volatility. ... Read full article

Eric Itambo will become chief banking officer of CoBank, where he will oversee all lending operations. ... Read full article

Financial Institutions agreed to buy HNP Capital, a wealth management firm near Rochester. ... Read full article

Lorie Shannon, recruited from SunTrust, will oversee a strategy that features large, non-QM mortgages in key markets. ... Read full article

The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals. ... Read full article